Residents of Dnipropetrovsk region and individuals involved in independent professional activity submitted 40 thousand 210 property and income tax declarations for 2019 during January – July 2020. Total amount of income declared by citizens is 4 billion 822.4 million UAH, which is 424.2 million UAH more than in 2019.
Amount of payable personal income tax (hereinafter referred to as the PIT) is 174.1 million UAH, which is 71.1 million UAH more than in 2019. Amount of declared payable military levy to the budget is 25.4 million UAH, ie 11.4 million UAH more than in 2019.
Number of official millionaires increased in the region.
Thus, 330 residents of the region declared income in the amount exceeding 1 million UAH, which is 29 citizens more than in 2019. Total amount of their declared income is 3 billion 115.6 million UAH, which is 489.6 million UAH more than in 2019.
“To date, 4930 citizens have exercised the right to receive a tax rebate. At the same time, amount of the personal income tax claimed for budgetary reimbursement is 12.5 million UAH. Citizens who wish to receive a tax rebate for 2019 may submit property and income declaration throughout 2020 to the supervisory authority at the place of their registration.” – reported Head of the Individuals taxes and fees department of the Main Directorate of the STS in Dnipropetrovsk region Viktoriia Kalinohorska.
She also noted that individuals who have declared income received during the past year are required to pay the amount of self-determined tax liabilities from personal income tax and military levy by the 1st of October 2020.